61.5 ° F
Full Weather
Sponsored By:

Attorney General Sues H&R Block

Sponsored by:

Sacramento, CA — California Attorney General Bill Lockyer is suing the popular tax preparer H&R Block.

He says the widely used loan program allows the company to keep a large portion of its customers´ tax refunds.

The lawsuit is one of many that target H&R Block´s refund anticipation loans. The program works as a cash advance for customers who do not want to wait for a check from the federal government.

Lockyer plans to stop the company from requiring people to give up a percentage of their refund.

Written by Sabrina Sabbagh